Learning-curve research has found that rates of learning can vary across similar settings, such that cumulative experience is a necessary but insufficient predictor of learning-curve slope. One explanation for this finding is that how the learning process is managed affects rates of learning. At any point in time, organizations can...
Technologies for reproducing and redistributing digital goods have made it more difficult to earn profits from their sale, leading to concerns that socially valuable digital products with non-convex production technologies may not be brought to market. However, digital goods are often jointly supplied with non-digital products, and changes in distribution...
This paper develops a performance evaluation approach in which a fund manager's skill is judged by the extent to which the manager's investment decisions resemble the decisions of managers with distinguished performance records. The proposed performance measures use historical returns and holdings of many funds to evaluate the performance of...
The higher you rise in the corporate ranks, the more you're expected to speak on public occasions, and the shorter the preparation time often is. The temptation is to wing it or, if you do prepare something, not to rehearse but to rely on your native ability and good luck...
This paper summarizes a multi-year research effort to understand the role of process performance in the overall efficiency of banks. By focusing on the process as the unit of analysis, the paper considers how technology, human resources, and most importantly, the interaction between these factors of production contribute to overall...
